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Board Rooms, Thursday, Dec. 4, 1924*
m- v v
The Board^in regular session in the Board
Rooms at 4 P.M. , the President presiding.
Present: Cousins, Gaines, Montague, Weeks, Moore,
■Williams, Jenkins, Powell, Clark, Gwathmey, Mrs. Thomas, Harris,
Also Secretary Love and Secretary Ray and Treasurer Sanders*
The meeting was opened with prayer by Brother
Moore.
The minutes of Oct. 15-16 were read and approved.
Treasurer's The Treasurer reported as follows:
Report —
MONTH OP NOVEMBER 1924.
Balance in Banks , Oct. 30, 1924
51,010.44
RECEIPTS—
Receipts from 75 Million Campaign (Net) . .133,374.14
New Missionaries' Salaries . 553.30
Special Gifts . 6,875.36
Annuity of W.N. Austin, S.C . 2,500.00
Note Receivable Paid . 400*00
Legacy of A. L. Evans. S.C... . 751.95
Income from Legacy of T.C. Crowder, Va.... 450.00
n " Property in Okla. given by
G.H. Connell . 881*85
from Annuity Securities . 270.00
" from Endowment Securities . 462.00
All Other Sources.. . ’ . 687.85 147.206.45
- lie^is.'ss
DISBURSEMENTS —
foreign Fields . 128,470.46
All Other Sources . . . 16.622*87 145.093*33
Balance in Banks . ' . . .
5Й*'123.56
' ASSETS AND LIABILITIES.
NOV* 29. 1924.
ASSETS—
dash in Banks • • .
Notes Receivable
Stocks and Bonds
Liabilities in Excess of Assets....
LIABILITIES—
iTot'es Payable (Borrowed Money) . # 1,365,999.00
Palestine Property Fund.. . 10,625.00
Evangelistic Hall, Cant on, Fund. . 49,052.74
Letters of Credit issued previous for
those issued for First Quarter of 1925
$715,605*41
Letters of Credit First
Quarter of 1925 . $415,986.32 1.131.591*73 2.557.268.47
#Increase of $31,093*75 over same date last Year.
"’‘Decrease of $162,418*93 from same date last Year*
... 53,123.56
... 3,618.33
. .. 15.971*90
'72,П3.79
*2,484,554.68 2,557,268.47
Geo. N. Sanders, Treasurer*
